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Showing 1 - 10 of 4591 results for "RAISE"

US proposes fresh tariffs on Australia

ELIZA BAVIN  |  THURSDAY, 4 JUN 2026
The United States has proposed a fresh 12.5% tariff on Australia after the Office of US Trade Representative alleged Australia had failed to stop goods made with forced labour from entering markets. The Trump administration said Australian government ...

Pengana raises $150m for AI-focused LIT

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... cornerstone funding round raised $150 million, exceeding the initial target amount of $100 million. Pengana is targeting a maximum raise of $350 million. The listed investment trust, which will be called AIX, invests primarily in large, privately held ...

Super funds push back on CSLR: SMC

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The Super Members Council (SMC) has urged the federal government reject proposals that would expand funding responsibility for the Compensation Scheme of Last Resort (CSLR) to Australians in APRA-regulated superannuation funds, arguing the costs should ...

KPMG chief resigns after firm admits whistleblower probe fell short

RIDDHIMA TALWANI  |  MONDAY, 1 JUN 2026
... internal investigation. The external legal review supported the internal investigation which led the whistleblower to further raise the matter with certain independent members of the KPMG Australia board. At that point, the board appointed Allens to ...

Super fund targets health tech sector with mandate

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
Synthesis Capital, the investment arm of the MedTech Actuator (MTAC), has secured a mandate from a super fund to target startups in deep health technology amid heightened institutional interest in the sector. The mandate, coming from HESTA, forms part ...

Old settings for TPD 'no longer fit': APRA

RIDDHIMA TALWANI  |  THURSDAY, 28 MAY 2026
APRA executive director of superannuation, life and private health insurance Jane Magill said total and permanent disability insurance (TPD) in its current form is being tested by the sharp rise in mental health claims. Speaking at the All Actuaries ...

Bridgewest Ventures lands in Australia

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... Bridgewest Venture, as well as lead the Australian distribution strategy. The Bridgewest Venture Fund I LP is aiming to raise $82 million (NZ$100m) by June. It has already achieved a first close of $49.4 million (NZ$60.2m). Ideal target companies tend ...

ASIC backs Australia's fintech edge as AI reshapes financial services

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
The Australian Securities and Investments Commission (ASIC) believes Australia is well placed to capitalise on accelerating financial innovation, as artificial intelligence (AI), digital finance and regulatory technology become increasingly embed across ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... after a rise in withdrawal requests. These episodes have intensified scrutiny across the private credit sector, where funds raise money from investors and then loans to businesses are negotiated between the fund and the borrower directly. Metrics Credit ...

Investors thrust into rules of the 'jungle': Economist

KARREN VERGARA  |  WEDNESDAY, 20 MAY 2026
... though, is an outlier compared to its peers. Over the next 12 months, Mousina predicts the Reserve Bank of Australia will raise the base rate twice. At the May meeting, interest rates rose by 25bps to 4.35%. "That is going to put a handbrake on the economy. ...
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